. >> michelle, thank you very much. meanwhile, we're at the height of earnings season. bank of america and kayla tausche has the, both of those banks hit by steep legal costs. citi only released $86 million from this pool. until had can see how it affects the housing recovery. releasing $900 million, as well, and that pool includes mortgages. while b of a is not entirely out of the woods, kreismt o brian moynihan said the settlement means that earnings should now be clearer, with growth across all businesses and expenses declining 6% in the last year. he says the drop in delinquency rates should shave arch additional $1 billion out of expenses by q3. other than the, they said citi needs to set more efficiency targets across the bank, and those targets should be clearer in the upcoming months. both companies noting the overall capital positions better than last year. back to you. >> kayla, thank you so much. making it relatively easy to understand. for more analysis, let's bring in jeff hart. good morning, these are a bit impenetrable. how do you read them? >> that's the